Crypto Regulation
Pelosi Eyes Support for Controversial Crypto Legislation Amid Democratic Opposition
Former Speaker Nancy Pelosi is reportedly considering supporting the Republican-led FIT21 crypto regulation bill. The FIT21 bill aims to clarify the CFTC and SEC regulatory…
House Democrats Challenge Bill on Digital Asset Regulation
Maxine Waters and David Scott have opposed the FIT21 crypto bill. The lawmakers emailed their colleagues to explain their reason for opposing the bill. They…
SEC’s Policy Director Steps Down Amid Ongoing Crypto Scrutiny
Heather Slavkin Corzo resigns as SEC policy director, replaced by Corey Klemmer. Corzo credited with significant regulatory advancements during her tenure. Continuity in SEC's skeptical…
BitConnect Promoter Pleads Guilty in Australia
Australian man pleads guilty for promoting defunct crypto platform. Promoted unlicensed crypto schemes. Promised high-yield returns out of a defunct platform. John Bigatton, a resident…
Stablecoin Showdown: Tether vs. EU Regulations
Kraken is considering delisting Tether's USDT due to EU MiCA regulations. Marcus Hughes, Kraken's regulatory strategy head, confirms the review and potential action. Tether CEO…
Crypto Lender Genesis Wins Court Approval for $3 Billion Repayment Plan
Judge approves $3 billion Genesis plan. Repayment prioritizes current crypto value. Ruling sets precedent for future cases. In a victory for creditors, a U.S. bankruptcy…
Cryptocurrency Developers Fight Back Against DOJ’s Money Transmission Stance
DOJ's interpretation of money transmission extends to non-custodial crypto software, challenging industry norms. FinCEN's historical guidance supports non-custodial services, emphasizing asset custody distinctions. Critics argue…
SEC’s Regulatory Policies Destroy Crypto Industry, Claims Mark Cuban
Mark Cuban criticizes the SEC for its enforcement regulation, claiming that it has destroyed the crypto industry. Arguing that the SEC creates a destructive environment…
Binance, KuCoin Secure India FIU Registration Amid Regulatory Storm
Binance's compliance status remains uncertain pending a hearing with FIU-IND. KuCoin and Binance are working towards compliance with India's anti-money laundering regulations. Indian authorities are…
SEC Chair Tired of Answering Questions Regarding Crypto, ETH ETF
SEC Chair Gary Gensler called for increased transparency in the crypto space. Gensler seeks to eliminate the non-compliance in the space displayed by firms. The…
